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Essay / Research Paper Abstract
This 30-page paper analyzes economic trends under three U.S. presidents: George H.W. Bush, Bill Clinton and George W. Bush. Topics discussed include unemployment, stock market, earnings and interest rates. Also discussed are racial disparities in terms of unemployment and wages. Bibliography lists 10 sources.
Page Count:
30 pages (~225 words per page)
File: D0_MTclibus.rtf
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Unformatted sample text from the term paper:
was widely blamed for the Great Depression of the 1930s, never mind that the economy was becoming overheated at the time, causing the eventual crash of the stock market. Hoovers
"inability" to handle the economy (not to mention his eastern intellectualism), cost him the election in 1932 to Franklin Roosevelt (and ironically enough, he had to be in office for
two terms before the economy turned around because of World War II). But blaming or praising a president for the economy continues
to this day. President Ronald Reagan, for example, is considered the author of the expanding economy during the 1980s, as is Bill Clinton for the huge economic expansion in the
1990s. On the other hand, George Bush Sr. was kicked out of office because of a sluggish economy. His son, George Bush Jr., is not fairing very well either, as
much of his term has been overshadowed not only by the war on terror, but also by a recession that most economists have been talking about for years.
While presidents are not directly responsible for the success or failure of their economies, they are responsible for introducing initiatives and acts to Congress
that can control things such a taxes. They are also involved in appointments to economic posts, such as Secretary of the Treasury and Federal Reserve Chairman.
In this paper, well examine the economy under the tenure of three presidents: George Bush Sr., Bill Clinton and George Bush Jr. Some of the information
well examine includes the stock market, interest rates, median income and unemployment figures. At the end of this paper, we will analyze how the economies behaved under each president, and
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